The Secretary might waive any of the factors in subsection (a)(two) that the Secretary establishes to generally be duplicative or rendered unnecessary because of an action already taken by The us.
(File) if the project applies a regional or watershed viewpoint and promotes Added benefits within the location by which the task is performed;
Any action carried out underneath this subchapter shall be completed in cooperation by using a qualifying non-Federal task entity, per this subchapter.
Practically nothing Within this subchapter demands a feasibility review for, or imposes any other additional requirements with respect to, rural water offer initiatives or applications which might be approved ahead of December 22, 2006.
An obligation shall be issue on the affliction which the obligation isn't subordinate to other funding.
(two) the level of the payment which the Secretary is licensed to pay for shall be no bigger than the quantity of principal and desire the non-Federal borrower is obligated to pay for beneath the settlement staying confirmed; and
(i) repairs of a program nature that retain a rural h2o supply task inside of a well kept problem;
The Secretary shall consult with Along with the Secretary of Agriculture before promulgating requirements with regard to financial appraisal features and loan guarantee administration for routines completed underneath this subchapter.
The Secretary may possibly enhance the Federal share of the costs of a feasibility study In the event the Secretary establishes, according to a demonstration of monetary hardship, the non-Federal participant is not able to contribute at the least 50 % of The prices on the research.
The expression "rural h2o source undertaking" means a project that is certainly designed to provide a Group or team of communities, each of which has a inhabitants of not more than 50,000 inhabitants, which can consist of Indian tribes and tribal organizations, dispersed homesites, or rural places with domestic, industrial, municipal, and residential water.
The time period "loan assurance" has the indicating provided the time period "loan guarantee" in part 661a of title two.
The non-Federal share less than paragraph (one) could possibly be in the shape of any in-variety services the Secretary decides would contribute significantly toward the carry out and completion of the study.
The Secretary and the Secretary of Agriculture shall enter into a memorandum of agreement giving for Office of Agriculture monetary appraisal functions and loan ensure administration for routines performed underneath this subchapter.
Loan guarantees through the Secretary shall click here not exceed an volume equal to ninety p.c of the price of the job that is the subject matter with the loan warranty, as approximated at time at which the loan guarantee is issued.